Click Here to see the latest posts! Ask any questions related to business / entrepreneurship / money-making / life NO BLATANT ADS PLEASE
Stay up to date! Get email notifications or |
#11
|
|||
|
|||
Realistic expectations ...
Hi Michael,
Have expectations that are realistic is one of the biggest keys to staying the course when things don't turn out as you had hoped. That's why I believe in setting 10-year goals. Not only is this more realistic, but when things go wrong you don't get frieked out and abandon ship. In the 20-year research study that profiled "The Millionaire Next Door," the authors Stanley and Danko found that it took between 20 and 30 years to accumulate a $1 million dollar net worth. That's reality! Getting rich is not easy, in spite of what the get-rich hucksters want you to believe. If you have a good product or service, have a good attitude, save and invest 15 to 20 percent of what you make ... add some good luck now and then ... you have a reasonable shot at becoming a net worth millionaire in 20 years or so. Nice post, Michael. Robert Campbell |
Thread Tools | Search this Thread |
Display Modes | |
|
|
Other recent posts on the forum...
Get the report on Harvey Brody's Answers to a Question-Oriented-Person